Here’s the Scenario: Try explaining the concept of “retainage” to a businessperson unfamiliar with the construction industry at your next holiday party. Here’s the typical response as she spits out ...

On December 19, 2022, the U.S. Small Business Administration (SBA) issued a proposed rule that would amend the SBA regulations to implement Section 870 of the National Defense Authorization Act (NDAA) ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Many companies only vet and prequalify their prime contractors and suppliers, leaving subcontractors unchecked. This can lead to hidden risks due to a lack of visibility. Relying solely on prime ...

Selection of a contractor should be done carefully. There are many good contractors, but not all are the right fit for your project. Most owner-contractor relationships are long-term engagements that ...

Office of Small and Disadvantaged Business Utilization’s (OSDBU) 2024 Small Business Prime Contractor of the Year Award Winner (Photo: Department of State) The Department of State’s Office of Small ...

The Small Business Administration will provide small businesses with new ways to show past performance ratings to compete for prime federal contracts starting Aug. 22, 2022. A new final rule, ...

Mayor Brandon Scott and Department of Public Works (DPW) Director Jason Mitchell recently announced a new initiative to help minority- and women-owned small businesses compete as prime contractors ...

A year ago, City Limits investigated the flaws and shortfalls of New York City’s program to increase the share of city contracting done by firms headed by minorities and women. More recently, ...

Of about a million lost F-35 parts worth $85 million, the Department of Defense (DOD) reviewed the circumstances surrounding just 2% of identified losses since 2018, the GAO said in a new report. The ...

LONDON--(BUSINESS WIRE)--CoreLogic ®, a global leader in property information, analytics, and data-enabled solutions, today announces its acquisition of Prime Ecosystem, a prominent technology firm ...